The stock market feels like one of those aspects of American life that only a select few truly understand. The rest of us acknowledge it as something that exists and affects our lives in some way, but how and why any particular stock is traded and becomes more (or less) valuable can be a complete mystery.

Dumb Money tackles one of the most interesting recent stories to come out of the stock market, the surprising inflation of Gamestop stock in late 2020/early 2021. The film bounces around to a variety of characters, but centers mostly on Keith Gill (Paul Dano), a YouTuber who went by the name of Roaring Kitty. Gill, an amateur stock trader, took an early position about liking the lightly-regarded Gamestop stock, regularly posting videos and on the Reddit thread WallStreetBets about how his significant investment in the stock was doing.

Concurrently, hedge fund managers like Gabe Plotkin (Seth Rogen) were actively trying to short, or bet against, the stock. That began a battle by Gill and other similarly-minded individual investors to fight back against what they saw as unfair trading practices by the big firms, resulting in Gamestop’s stock rising astronomically in a relatively short period of time.

Directed by Craig Gillespie (I, Tonya) and written by Lauren Schuker Blum and Rebecca Angelo, the film is notable for what it is not, a deep dive into the inner workings of the stock market. Instead of getting into the nitty gritty details, the filmmakers treat it as the ultimate David vs. Goliath story, with Gill and other everyday people like a nurse, Jenny (America Ferrera), Gamestop worker Marcus (Anthony Ramos), and college student Harmony (Talia Ryder) going up against billionaires like Plotkin, Steve Cohen (Vincent D’Onofrio), Ken Griffin (Nick Offerman), and Vlad Tenev (Sebastian Stan).

Photo by Claire Folger/Sony Pictures

Paul Dano in Dumb Money.

It doesn’t hurt that Gill is an eccentric character who wears cat-emblazoned shirts and a headband, and that the Reddit community he inspires communicates primarily in memes, upping the entertainment factor of their side immensely. The story is also a suspense in a way; as the variety of individuals drive the stock ever higher, their net worth – on paper – also grows exponentially, and the longer each of them holds on without selling ups the potential that they could be burned.

Because the real-life event happened during the thick of the pandemic when it was still up in the air as to the full impact of COVID-19, the story takes on a little more significance. Characters mask up regularly, conversations take place on the phone or over Zoom, and a general feeling of unease permeates the film. That may or may not have influenced how certain people approached the situation, but in the context of the film, it definitely seems to play a part.

The back-and-forth between the haves and have-nots takes up so much time in the film that it barely has time for such well-known actors as Shailene Woodley, Dane Dehaan, Olivia Thirlby, and Pete Davidson, among others. Each of them plays a supporting character to one of the main people, and all of them deliver that little something extra in what could have been throwaway roles.

Dano is a chameleonic actor who’s gone between drama and comedy with ease throughout his career. This role is a mixture of both, and he has an effortlessness about him that makes everything he says instantly believable. Rogen is great casting as Plotkin, amiably playing the buffoon of the story. After her big role in Barbie, Ferrera once again shows that she deserves as many showcases as Hollywood can give her.

Storytellers can rarely go wrong in showing people with little power taking on those with great wealth, and the fact that the story shown in Dumb Money is (mostly) true makes it that much better. You may not understand the stock market any more than you already did at the end, but you’ll be so entertained that it won’t matter.

---

Dumb Money opens in theaters on September 22.